Thermocouple Wire Market Size, Share, Development by 2025

Market Research Report Store offers a latest published report on Thermocouple Wire Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
 
This report focuses on the key global Thermocouple Wire players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
 
To analyze the Thermocouple Wire with respect to individual growth trends, future prospects, and their contribution to the total market.
 
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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A thermocouple is a sensor for measuring temperature that consists of two dissimilar metals that are joined together at the sensing end. Different thermocouple types (e.g. J, K, T, E, etc) use different mixtures of metals in the wire. At the cjc (cold junction compensation) end, the millivolt value provided by the thermocouple represents the difference in temperature of the sensing end as compared to the cjc end (also called the reference end). Alternatively, a thermocouple wire is a temperature-measuring instrument consisting of two wires of different metals joined at each end. One junction is placed where the temperature is to be measured, and the other is kept at a constant lower (reference) temperature. A measuring instrument is connected in the electrical circuit. The temperature difference causes the development of an electromotive force (EMF) that is approximately proportional to the difference between the temperatures of the two junctions. Temperature can be read from standard tables, or the instrument can be calibrated to display temperature directly.
 
There are many manufacturers which sale Thermocouple Wire. TE Wire＆Cable, Johnson Matthey, Heraeus, Sandvik (Kanthal), BASF, OMEGA Engineering, Belden, Pelican Wire, National Instruments, Indutrade (Pentronic), Pyromation, etc. are large companies in the maket of Thermocouple Wires. TE Wire＆Cable is global leading for sale of Thermocouple Wire, which makes up 4.71% market share in terms of revenue in 2018. Nowadays, global Thermocouple Wire sales areas are mainly in North America, Europe, Asia-Pacific. In 2018, Asia-Pacific Thermocouple Wire sales takes about 31.62% with 263.41 M USD and it is the largest sales region. Asia Pacific was a major market for Thermocouple Wire in 2018 and is estimated to expand due to the rising number of industries. Asia Pacific and North America leads the global Thermocouple Wires market in terms of demand.
 
The Thermocouple Wire market was valued at 837.3 Million US$ in 2018 and is projected to reach 1136.4 Million US$ by 2025, at a CAGR of 4.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermocouple Wire.                    
 
Market Segment by Manufacturers, this report covers
TE Wire＆Cable
Johnson Matthey
Heraeus
Sandvik (Kanthal)
BASF
OMEGA Engineering
Belden
Pelican Wire
National Instruments
Indutrade (Pentronic)
Pyromation
Dwyer Instruments
Tempco
Durex Industries
Marlin Manufacturing Corporation
Multi/Cable Corporation
Ellab
Temprel
Thermo-Electra
Hayashidenko         
 
Market Segment by Type, covers
Type T
Type J
Type E
Type K
Type N
Type S
Type R
 
Market Segment by Applications, can be divided into
Steel Industry
Glass and Ceramics Industry
Aerospace
Metallurgy/Heat Treatment
Power Gen
Aircraft Jet Engines
Automotive/RTD
Medical
Food Equipment
Others
 
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Related Information:

North America Thermocouple Wire Market Growth 2019-2024
United States Thermocouple Wire Market Growth 2019-2024
Asia-Pacific Thermocouple Wire Market Growth 2019-2024
Europe Thermocouple Wire Market Growth 2019-2024
EMEA Thermocouple Wire Market Growth 2019-2024
Global Thermocouple Wire Market Growth 2019-2024
China Thermocouple Wire Market Growth 2019-2024
 

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